EdR Purchases Collegiate Apartment Community Adjacent to St. Louis University

EdR (NYSE: EDR), today completed the purchase of 3494 Lindell, a collegiate community adjacent to St. Louis University in St. Louis, Missouri.

3949 Lindell, a 197-unit collegiate community adjacent to St. Louis University in St. Louis, MO, was ...

3949 Lindell, a 197-unit collegiate community adjacent to St. Louis University in St. Louis, MO, was acquired by EdR. (Photo: Business Wire)

EdR purchased the four-story apartment complex for $28.45 million. The purchase was funded by EdR with cash on hand.